BoE FPC: Likelihood Financial Risks Crystallise At Same Time Has Risen Since July

Rise In Oil And Gas Prices Has Led To More Protracted Supply Shock Frontier AI Breaches Reinforce Need For Financial Firms To Prepare For Risk, Engage Wth UK Authorities Will Set Out Proposed Bank Leverage Ratio Reforms And Gilt Repo Reforms In Early 2027 Planned Market-Based Reforms To Gilt Repo Will Mitigate Risks From Leverage Ratio Changes Financial Markets So Far Have Been Resilient To Higher Energy Prices And Bond Yields More Testing Of AI Models, Before And After Deployment, Is Needed Ahead Of Regulation Risky Credit Markets, Including Parts Of Private Credit, Remain Vulnerable To Tighter Financing Conditions Households And Corporates Remain Resilient, Banking System Remains Appropriately Capitalised Counter-Cyclical Capital Buffer Held At 2%